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Round Table Consultation on “PSC & DOMESTIC LAWS – CORRELATION AND SYNERGY”

On November 3-4, 2014 “Baker Tilly Turkmen” together with PETRONAS Carigali (Turkmenistan) Sdn. Bhd. organized a Round table consultation on “PSC & DOMESTIC LAWS – CORRELATION AND SYNERGY”.

Important topics have been considered in detail during the discussion such the basic aspects of PSC activity – Concept & Mechanism, Finance & Tax, Understanding the basics of PSC and Petroleum Law regime, Individual Taxation, issues related to Foreign Currency Control, Insurance, Subcontractor Status and Licensing.

Working group in the Round Table has gathered more than eighteen participants.

Participants had the opportunity to exchange their views and share experiences and knowledge and to get answers to their questions. Active discussions were held on currently hot topics which have aroused a great interest among the audience. The consultation was delivered at the highest professional level.